Publication Date:
Tue, 2010-12-07 01:54
The Gulf's largest listed dairy producer has raised its share capital to SR2.3 billion from SR1.15 billion, while the number of shares has increased to 230 million from 115 million following an extraordinary shareholders meeting on Sunday. Almarai's share price will halve to SR109.75 from Sunday's close of SR219.50, with these changes coming into immediate effect.
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